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<div class ="TITLEFORM">Overseas Direct Investment</div>
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  <p>FEMA 19/2000 dated 3rd May, 2000 namely Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000 prohibits, restricts or regulates various transactions. In suppression to this, Notification no FEMA 120/2004 dated 7th July, 2004 is issued by Reserve Bank of India.</p><br>
  <p>Reserve Bank of India has recognised Overseas Investments in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) as important avenues for promoting global businesses and hence liberalised to set up such entities abroad. Said Notification recognised Company registered under the provisions of Companies Act, 1956, Body created by Act of Parliament and Registered Partnership Firms as Indian Parties. Indian Parties, Proprietorship Concerns, Unregistered Partnership Firms, Registered Trust and Registered Societies are made eligible to make investment in overseas entities with terms and conditions. Resident Individual is allowed to make overseas investment in JV and WOS vide notification no.263 dated 5th March, 2013 effective 5th August, 2013.  It is noteworthy that Individuals are excluded from the definition of Indian Party, perhaps allowed to invest in JV/ WOS with terms and conditions.</p><br>
  
  <p>This section covers two tools. </p><br>
 <p> i)	Investment by Indian Parties in JV/ WOS (ODI)<br>
ii)	Persons Resident in India either as individual, employee or director in foreign securities (ODI Individual)
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<p>The information provided by said tools would cover as under:</p>
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 <p>i)	Investment by Indian Parties in JV/ WOS (ODI):<br>
-	Eligibility<br>
-	Mode of Payment<br>
-	Limit of Investment<br>
-	Types of Investments (Equity, Loans, Guarantees) and related conditions<br>
-	Valuation<br>
-	Requirement of transaction and Annual Reporting<br>
-	Additional Obligations of Indian Party<br>
ii)	Persons Resident in India either as individual, employee or director in foreign securities (ODI Individual)<br>
-	Eligible Transactions<br>
-	Mode of Payment<br>
-	Other general conditions<br>
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 <ul>Note:- This part even covers Employees acquiring Foreign Securities under ESOPs.</ul> 
 
 <table border="0"  class="TBFORM"><tr><td><b>Please note that</b></br> 
<p>1) Tool does not cover investment: <br>
a) by Mutual Funds, Venture Capital Fund, portfolio investment by listed Indian companies<br>
b) in Financial Services Sectors, companies registered overseas/ rated debt instruments , energy and natural resources sectors and unincorporated entities overseas<br>
2 Doesnot cover disinvestments or restructuring of overseas balance sheets<br>
3 Doesnot cover information pertaining to transfer of shares, pledge of shares, hedging of Overseas Direct Investment<br>
4 Doesnot provide for capitalisation of export dues<br>

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<p>Please use the tool. This is only an effort made to give easy references. Before taking a decision, please cross - check with the relevant regulations or rules, as the case may be and then act upon or you make seek our valuable advice. To contact us for our advice, please click on the link below and fill the required information for us to respond to your queries. (Only for registered users).</p><br>

<a href="#" onclick="ShowBodyUiApplication('Postyour~IBIP')"><u>Query -	Investment by Indian Parties in JV/ WOS (ODI)</u></a><br>
<a href="#" onclick="ShowBodyUiApplication('Postyour~PRIIIFS')"><u>Query- Persons Resident in India either as individual, employee or director in foreign securities (ODI Individual)</u></a>
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